Oil
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Report: The Trump administration will extend its resource strategy for Venezuela from oil to minerals such as gold, and is considering signing a related executive order.
According to Reuters, citing sources, the move is aimed at further solidifying U.S. control over Venezuela's natural resources and opening the door for U.S. capital to enter the country's mining secto
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Iraq's New PM Ali al-Zaidi Announces Plan to Raise Oil Production to 8-10 Million BPD Within Six Years, Potentially Surpassing Saudi Arabia
Iraq's New PM Ali al-Zaidi Announces Plan to Raise Oil Production to 8-10 Million BPD Within Six Years, Potentially Surpassing Saudi Arabia
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Rosneft has begun shipping oil from its Arctic Vostok Oil project, with an estimated 30 million tons expected to be delivered in the second half of 2027.
Rosneft has commenced oil shipments from its Vostok Oil project in the Arctic, with Russian President Vladimir Putin overseeing the launch ceremony via video link. The project, with an estimated resou
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Energy Aspects Founder Amrita Sen Predicts Crude Oil Poised for Significant Leg Higher
Sen attributes this outlook to ongoing disruptions in the Strait of Hormuz and China's demand for oil, telling Bloomberg Television that crude is expected to "close that gap" with already high diesel
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Adnoc Reportedly in Talks to Acquire Stakes in Thai and African Refineries
Abu Dhabi National Oil Co. (Adnoc) is reportedly in discussions with major refining companies in Thailand and Africa to invest in their businesses. This move aims to secure customers for Adnoc's crude
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OPEC+ Key Members Decide to Maintain Oil Production Quotas
OPEC+ major members have decided to maintain oil production quotas, following significant oil output shutdowns in the Middle East due to the war in Iran.
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Iran War Halves Hormuz Strait Oil Flows to 6-8 Million BPD, Forcing Global Trade Route Rewrites and Adding $330 Billion to Import Costs
The ongoing conflict has compelled Middle Eastern oil exporters like Saudi Arabia and the UAE to divert crude through alternative routes such as the Bab el-Mandeb Strait and Fujairah port, despite exi
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Yahoo Finance analyst Todd Shriber increased his stake in Chevron (CVX) despite Donald Trump's past criticism of major oil companies.
Yahoo Finance analyst Todd Shriber stated that he increased his holdings in Chevron (CVX), citing the company's strong long-term fundamentals and benefits from the Venezuela catalyst, despite Donald T
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Chinese Energy Giants Tap Brazil for Imports, Oil Field Exploration
China's three major state-owned petroleum companies are diversifying crude oil sourcing and ramping up domestic and overseas production in joint efforts with the government to bolster energy security
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Donald Trump reached an oil deal with Venezuela, granting the U.S. control over most of Venezuela's oil wealth, raising concerns among U.S. oil executives.
U.S. President Donald Trump stated that a broad oil deal he reached with Venezuela could be "the best deal ever signed," a pact that effectively grants the U.S. control over much of Venezuela's oil we
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Al Jazeera: Russian Jet-Powered Drone Attacks Kill Dozens in Ukraine; Russia Extends Diesel Export Ban This Week Amid Shortages
Al Jazeera reports that Russian jet-powered drones have killed dozens of civilians in Ukraine, including 38 in the village of Myra on August 29 and another 12 nationwide on September 1. A spokesman fo
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Meridian Contrarian Fund Cuts California Resources Corp. (CRC) Position in Q2 2026, Anticipating Downturn Due to Easing Middle East Tensions and Resumed Oil Supply
Meridian Contrarian Fund, in its Q2 2026 investor letter, stated it reduced its position in California Resources Corporation (CRC) due to optimism for a resolution in the Middle East and partial resum
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A $1.6 billion quantitative ETF significantly increased its oil holdings due to advisor departures and a long-term restructuring.
A $1.6 billion quantitative ETF significantly increased its oil holdings due to advisor departures and a long-term restructuring.
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Oil Tanker Firms TNK and DHT Surge 74% and 86% YTD as Fleets Avoid Hormuz Amid "Permanent Uncertainty" Over Strait's Oil Flow
Teekay Tankers (TNK) and DHT Holdings (DHT) have seen their shares climb 74% and 86% year-to-date respectively, with both companies' fleets deliberately avoiding the Strait of Hormuz. This comes as Su
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Ukraine Attacks Repair Vessels at Key Black Sea Oil Moorings
Ukraine attacked a small service vessel that was involved in planned maintenance work at a critical CPC oil mooring facility in the Black Sea, a source familiar with the situation said.
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Russia's oil revenue sank to a six-month low in August, due to lower export prices
Russia's oil revenue slumped to a six-month low in August, reflecting lower export prices and compounding pressure on the Kremlin’s ability to finance its war in Ukraine.
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U.S.-Venezuela oil cooperation is accelerating, with the White House stating that crude oil under the agreement could enter U.S. reserves as early as November. Chevron plans to invest $7 billion to expand production, and its stock price hit an all-time high on Wednesday.
Oil cooperation between the United States and Venezuela is accelerating. White House spokesperson Anna Kelly stated on Wednesday that crude oil obtained through the agreement with Venezuela could reac
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The United States and Venezuela announced an oil agreement that will give Washington broad control over a portion of Venezuela's oil production.
The United States and Venezuela announced an oil agreement that will give Washington broad control over a portion of Venezuela's oil production.
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US Energy Secretary Wright Says China Won’t Have Claims to Venezuelan Oil Revenue
US Energy Secretary Chris Wright stated that China won’t have any debt claims to the revenue from new production, as private companies are on the cusp of signing a series of deals that will put Venezu
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OPEC+ meeting on Sunday will not make any oil output policy decision, will focus on discussing market, three sources say
OPEC+ meeting on Sunday will not make any oil output policy decision, will focus on discussing market, three sources say
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Stephen Schork: Replenishing US Strategic Petroleum Reserve with Venezuelan Oil Is "Pure Fantasy"
Stephen Schork stated that replenishing the U.S. Strategic Petroleum Reserve (SPR) with Venezuelan oil is "pure fantasy." He also discussed U.S. refining capacity and SPR levels.
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Venezuela’s New Crop of Oil Barons Step Up the Dealmaking
The country’s next generation of tycoons looks very different to what came before.
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WRIGHT expects Venezuela's oil output to exceed 1.5 million barrels per day by the first half of next year
WRIGHT expects Venezuela's oil output to exceed 1.5 million barrels per day by the first half of next year
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WRIGHT: Over 17 Million Barrels of Oil Flowed Through Strait of Hormuz on Monday
WRIGHT: Over 17 Million Barrels of Oil Flowed Through Strait of Hormuz on Monday
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Chinese state-owned oil giants improve profits, gaining more "firepower" to boost energy security
Chinese state-owned oil giants improve profits, gaining more "firepower" to boost energy security
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Houthi rebels claim responsibility for attacks on six Saudi airports and oil facilities, including the Ras Tanura and Abqaiq refineries.
The Houthi movement claimed responsibility for attacks on six airports and oil facilities in Saudi Arabia, including the Ras Tanura and Abqaiq refineries. This attack occurred earlier this week after
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Iran's IRGC says four tankers struck naval mines in Strait of Hormuz after using "unauthorised" routes
Iran's IRGC says four tankers struck naval mines in Strait of Hormuz after using "unauthorised" routes
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EU Energy Commissioner warns: No oil and gas shortages expected, but rising prices will make it difficult for citizens to pay bills this winter.
EU Energy Commissioner Dan Jorgensen warned that while oil and gas supply shortages are not expected, rising prices will make it difficult for many EU citizens to pay their bills this winter. Followin
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ExxonMobil and Chevron have withdrawn from next month's Abu Dhabi oil conference due to escalating security concerns in the Middle East.
ExxonMobil and Chevron have withdrawn from next month's Abu Dhabi oil conference due to escalating security concerns in the Middle East.
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IRGC says 3 tankers caught fire in Strait of Hormuz after hitting mines, warns shipping operators
Three tankers have caught fire while passing through the Strait of Hormuz after hitting mines over the past 24 hours, according to the Islamic Revolutionary Guard Corps (IRGC) Navy. The IRGC navy says
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SK Innovation's Q3 operating profit surges 532.5% to $2.3 billion on strong oil, lubricants margins
SK Innovation's Q3 operating profit surges 532.5% to $2.3 billion on strong oil, lubricants margins
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President Trump announces the arrival of the first one million barrels of oil in Texas, secured through a historic deal with Venezuela, stating it gives the US control over a massive part of the world's oil supply.
President Trump announced yesterday in Corpus Christi, Texas, the arrival of the first one million barrels of oil secured by his administration as part of a historic deal with Venezuela. This oil, arr
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Donald Trump will announce a relaxation of regulations on methane leaks from oil companies, according to The Washington Post.
Donald Trump will announce a relaxation of regulations on methane leaks from oil companies, according to The Washington Post.
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According to the Financial Times, Washington is discussing deals between US oil majors and Russia in Ukraine peace talks.
According to the Financial Times, Washington is discussing deals between US oil majors and Russia in Ukraine peace talks.
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Saudi Aramco is offering spot crude oil to European buyers for this month and next to compensate for supply losses caused by the shutdown of a key export pipeline.
Saudi Aramco is offering spot crude oil to European buyers for this month and next to compensate for supply losses caused by the shutdown of a key export pipeline.
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Trump: We're going to accept 1 million barrels of oil
Trump: We're going to accept 1 million barrels of oil
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Donald Trump stated that he believes he will visit an oil tanker carrying Venezuelan oil in Texas, and that he thinks Rubio will accompany him.
Donald Trump stated that he believes he will visit an oil tanker carrying Venezuelan oil in Texas, and that he thinks Rubio will accompany him.
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Russian oil exports reached a one-month high, primarily due to a strong rebound in shipments from the Baltic port of Primorsk last week, though this was not enough to boost overall four-week flows.
Russian oil exports reached a one-month high, primarily due to a strong rebound in shipments from the Baltic port of Primorsk last week, though this was not enough to boost overall four-week flows.
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Iran’s Persian Gulf Strait Authority said it would take “legal action” against tankers belonging to Sinokor, the world’s biggest oil tanker owner that has carried millions of barrels out of the Strait of Hormuz in recent weeks.
Iran’s Persian Gulf Strait Authority said it would take “legal action” against tankers belonging to Sinokor, the world’s biggest oil tanker owner that has carried millions of barrels out of the Strait
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OPEC+ is expected to maintain its oil output targets at Sunday's meeting, sources said.
OPEC+ is expected to maintain its oil output targets at Sunday's meeting, sources said.
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Saudi Arabia has brought a fire under control following an attack near the Ras Tanura oil hub.
Saudi Arabia has brought a fire under control following an attack near the Ras Tanura oil hub.
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Venezuelan opposition leader Maria Machado has returned to the country after 10 months in exile
Venezuelan opposition leader Maria Machado has returned to the country after 10 months in exile, having previously been blocked from returning multiple times by both the Venezuelan government and the
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Oil fell for a second day as intensified diplomatic efforts eased concerns about a potential escalation of the U.S.-Iran conflict.
Oil fell for a second day as intensified diplomatic efforts eased concerns about a potential escalation of the U.S.-Iran conflict.
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U.S. Strategic Petroleum Reserve fell to 282.6 million barrels last week, the lowest level since 1982.
U.S. Strategic Petroleum Reserve fell to 282.6 million barrels last week, the lowest level since 1982.
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Algeria's parliament has approved the deployment of troops to neighboring Niger
Algeria's parliament has approved the deployment of troops to neighboring Niger, marking the country's first foreign military deployment in 50 years and a significant shift in its non-interventionist
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HSBC announced that it has downgraded its overweight rating on gold while upgrading its rating on oil to a clear overweight.
HSBC announced that it has downgraded its overweight rating on gold while upgrading its rating on oil to a clear overweight.
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Singapore and Saudi Aramco have agreed to store Saudi oil in rock caverns, aiming to secure energy supplies for Southeast Asia amid disruption from the Middle East war.
Singapore and Saudi Aramco have agreed to store Saudi oil in rock caverns, aiming to secure energy supplies for Southeast Asia amid disruption from the Middle East war.
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Central Command (CENTCOM), lauded the U.S. role in the export of 1.5 billion barrels of oil through the Strait of Hormuz
Admiral Brad Cooper, Commander of U.S. Central Command (CENTCOM), lauded the U.S. role in the export of 1.5 billion barrels of oil through the Strait of Hormuz. Since the outbreak of the U.S.-Israeli
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Oil
24H Trending
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The 10-year U.S. Treasury yield is down approximately 8 basis points from its previous close, currently at 4.96%.
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Google and Microsoft's Q3 capital expenditure falls short of estimates, raising concerns about AI build-out costs and delays
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Report: Hedge Funds Exit Bitcoin ETF Arbitrage Trades, Sovereign Wealth Funds and Retail Investors Step In
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New ECB staff estimates show bond yield rise cutting 2027-28 growth by a cumulative 100 BPS and inflation by 90 BPS vs Sept baseline.
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Iranian President Pezeshkian stated that Iran is ready to expand cooperation with Turkey to serve common interests and enhance regional security.
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Event prediction platform Kalshi completes $1 billion funding round, reaching a valuation of $40 billion, with non-sports revenue run rate exceeding $1 billion.
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Israel continues its attacks on Gaza, with the Gaza Ministry of Health stating that dozens have died while awaiting permission to leave, renewing calls to open the Rafah crossing.
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DBS Hong Kong to launch DBS Vantage Card, Hong Kong's first Visa Infinite Privilege Card
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Unlimit founder backs Phase blockchain with $45M as mainnet launches
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onXRP Team to Launch New Trading Method on XRP Ledger Next Week
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